Commencing Climate Change Cummins Launches New Environmental Sustainability Strategy
"Improving the healthy environment of the earth and realizing a beautiful life for all mankind is our shared responsibility to the community and the industry," said Cummins Chairman and CEO Tom Linebarger. “Governments, industry, non-government agencies, and communities must be united and act decisively and quickly to address the environmental threats we face.†Cummins supports the expansion of the Mero Lake wind power plant in Indiana, USA, to increase the use and promotion of renewable energy. Cummins' "PLANET 2050" strategy has three core areas: addressing climate change and atmospheric emissions; using natural resources in sustainable best practices; and improving the community's environment. The strategy includes eight specific goals for 2030 and the expected goals as of 2050. This is the most comprehensive and highest standard environmental sustainability strategy ever released by Cummins. The following are the specific goals that the company plans to reach in 2030 regarding its parts, products, production bases and operating outlets: Take measures to actively respond to climate change and atmospheric emissions 1. Production bases and operating outlets reduce absolute greenhouse gas emissions by 50% (science base objectives) 2. The absolute value of the total life cycle greenhouse gas emissions of newly sold products is reduced by 25% (scientific basic objectives) 3. Cooperate with customers to reduce greenhouse gas emissions of in-use products by 55 million metric tons 4. Reduce the emission of volatile organic compounds generated during painting and painting operations by 50% Utilizing natural resources in the best possible way 1. Customize a recyclable lifecycle solution for each component to achieve less consumption and more efficient recycling; 2. Waste generated in production bases and operations accounted for 25% of operating income 3. Recycling and recycling 100% plastic packaging to prevent the use of disposable plastic products in dining places, office facilities and activities; 4. Production base and operating outlets reduce absolute water consumption by 30% Cummins will invest in acquiring new technologies and capabilities to achieve these goals. It is the tradition that Cummins has always adhered to in setting challenging goals and achieving them. In the report, the company completed the completion of each target, even if the individual targets did not meet expectations. As with previous environmental goals, Cummins will regularly assess and communicate progress toward the 2030 target and will consider raising the target criteria based on global energy and environmental challenges. In early November, Beijing Futian Cummins Engine Plant in Beijing, China started construction of its second solar cell plant. Foton Cummins already owns Cummins' largest solar cell stack in the world. “Our vision for 2050 is that Cummins will power the world through carbon-neutral products and operations,†said Brian Mormino, Cummins Global Environmental Strategy and Compliance Executive Director. “Communities and businesses need a healthy planet, we We will take strong action to address climate change, focus on the future without wasting a resource, and make our community better through our efforts." Environmental protection is one of the three key directions of corporate social responsibility. Cummins will launch a community environmental strategy plan in 2020 to consolidate resources and reaffirm its solemn commitment to the environment. In addition, as part of a community and natural resource initiative, Cummins joined the CEO Water Agenda, which focuses on working with the UN, governments, civil society organizations, and other stakeholders through the company's water resources. Management to address global water challenges. Cummins will continue to work with other partners to advocate for rigorous, clear and enforceable regulations on a global scale to address atmospheric emissions challenges and to develop scientific environmental policies. “To achieve our strategy, Cummins must invest in new technologies while developing, and work with the government to develop clear regulations and implement and implement them, thereby reducing emissions and greenhouse gas emissions across the economy,†Mormino said. “We will Continue to work with trade associations, customers, suppliers, community leaders and other stakeholders to advocate for policies that meet the 2050 goals." This environmental strategy was developed by the Cummins Panel of Experts in accordance with the UN Sustainable Development Goals, based on an analysis of global best practice cases, taking into account the unique needs of the company's stakeholders and passing a rigorous internal audit. In 2017, Cummins officially committed to setting a scientific environmental goal under the Science Based Target Initiative, which provides a framework guide for calculating greenhouse gas targets for products and production sites to meet climate scientists' recommendations for relevant indicators. . In 2019, Cummins was selected for the 14th consecutive year in the Standard & Poor's North American Sustainability Index. In 2006, Cummins set its first production base energy and greenhouse gas targets, and joined the US Environmental Protection Agency's Climate Leadership Program, firmly demonstrating its commitment to climate change. In 2014, the company released a global environmental sustainability plan that includes the goals of the production base in water, waste and energy. In the Cummins Sustainability Progress Report, the progress of each goal is disclosed every year. 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